Page 32 - Participant Guide - Unanet GovCon Analyzing Project Metrics

Plan all the Revenue in the Contract.
It is recommended that while you will always want to plan enough revenue to consume
the funded value on the project/task, you may decide to plan revenue up to the total
value field, or you may determine that your plans should reflect a revenue value
between the total and funded values. We recommend once you decide how much
revenue you want represented in the project plan, use the BUDGET sections on the
project or task for the labor bill $ and expense bill $. The Revenue and Funding
Summary Report is the primary report that can show you how much revenue is planned
on a project.

Profit Rate within Corporate Thresholds
Typically, TM and FP projects have an expected, or desired, profit rate. The Cost
Summary and Status Report is the primary report that can be configured to show profit
rates represented by the project’s plan. Depending on the billing type, you will want to
ensure that your project plans are meeting this expected metric.

Adheres to the Contract Compliance.
When it is possible, use the project settings and configuration options on a project/task
to help ensure that your project will execute within the contract requirements. For
example, if your contract only allows certain labor categories or expense reports, set
these up on the project to ensure that timesheets and expense reports are limited by the
contractually allowed entries. There are many ways to configure a project or create
reports to help ensure that your project is planned with contract compliance in mind.

Technically Executable
While Unanet cannot tell you if your project’s plan can be executed, this is a question
that stakeholders will need assurance on before endorsing the effort. In addition to the
project settings, reports, project alerts and other validation options, Unanet is poised to
provide a solid base to support a project manager’s effort to execute.

Lesson 4: Validating Project Plans
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